55, Marine Approach
55, Marine Approach
Description & Estimates
According to the public record, 55, Marine Approach, South Shields is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 858 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Marine Approach, South Shields is £88,719 and the estimated rental value is £569 per month.
Marine Approach, South Shields, NE33 is located in the borough of South Tyneside within the NE33 postal district.
Our Data Sources
55, Marine Approach, South Shields has 41 entries in the Land Registry , most recently in April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 55, Marine Approach, South Shields is in very good condition we estimate a sale value of £93,155 and a rental value of £598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,509 and a rental value of £529 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 55, Marine Approach, South Shields has moved up by £523 (0.6%), while its estimated rental value has increased by £17 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Sold Prices
According to HM Land Registry, 55, Marine Approach, South Shields was last sold on 1st April 2008 for £116,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2008, the market for similar properties has dropped by 15.0%.
- Sold Apr 2008£116,500
- Sold Dec 2005£94,950
- Sold Jun 2000£35,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Marine Approach, South Shields within a radius of 430 metres over the last 2 years.
The most recent example is 101, South Woodbine Street, South Shields, NE33 2TD, a leasehold flat which sold for £39,999 on the 18th December 2024.
Read more about house prices in NE33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Marine Approach, South Shields, NE33 has a total of 89 addresses. According to our analysis of all the public data, 55, Marine Approach, South Shields is the 60th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in NE33.
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Schools Nearby
- 300mMarine Park Primary School
- 400mWestoe Crown Primary School
- 500mSt Bede's Catholic Primary School, South Shields
- 1.6kmMortimer Community College
- 2.3kmSt Wilfrid's RC College
- 2.5kmHarton Academy
More reading links
Public Transport Nearby
The closest station to 55, Marine Approach, South Shields is Northumberland Park (Tyne & Wear) station, which is 7.4 kilometres away.
- 7.4kmNorthumberland Park (Tyne & Wear)
- 9.7kmHeworth
- 10.4kmSunderland
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
